Susquehanna International Group Ltd. Sells 290 Shares of SPDR S&P Biotech ETF (NYSEARCA:XBI)

Susquehanna International Group Ltd. reduced its holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 2.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 10,000 shares of the exchange traded fund’s stock after selling 290 shares during the quarter. Susquehanna International Group Ltd.’s holdings in SPDR S&P Biotech ETF were worth $927,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XBI. ICA Group Wealth Management LLC bought a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter valued at approximately $27,000. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter valued at approximately $32,000. ORG Partners LLC bought a new stake in shares of SPDR S&P Biotech ETF during the second quarter valued at approximately $40,000. Vima LLC bought a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter valued at approximately $45,000. Finally, Resources Management Corp CT ADV boosted its position in shares of SPDR S&P Biotech ETF by 30.3% during the second quarter. Resources Management Corp CT ADV now owns 593 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 138 shares in the last quarter.

SPDR S&P Biotech ETF Stock Up 0.2 %

NYSEARCA XBI opened at $98.43 on Friday. SPDR S&P Biotech ETF has a twelve month low of $63.80 and a twelve month high of $103.52. The firm has a market capitalization of $7.50 billion, a PE ratio of 11.47 and a beta of 1.11. The stock’s 50 day moving average is $98.94 and its 200 day moving average is $93.97.

About SPDR S&P Biotech ETF

SPDR S&P Biotech ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Biotechnology Select Industry Index. The S&P Biotechnology Select Industry Index represents the biotechnology sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.